News


NOPSEMA issues offshore lift warning

1 min read
THE NATIONAL Offshore Petroleum Safety and Environment Management Authority has released a new safety bulletin highlighting the continued occurrence of serious incidents and...
NOPSEMA issues offshore lift warning

Half-a-billion bail-out for TT Line

2 mins read
TT LINE owner the Tasmanian government has come to the rescue of the beleaguered Spirit of Tasmania operator, revealing a $506 million equity injection will be included in the...
Half-a-billion bail-out for TT Line

TasPorts funds business partners

2 mins read
TASPORTS has entered the second year of its Industry Support program with grants totalling almost $100,000 towards initiatives that support Tasmanian industries. The statewide...
TasPorts funds business partners

MSC in major Oceania network revision

2 mins read
MEDITERRANEAN Shipping Company has today confirmed market rumours circulating for over a week, announcing a major overhaul of its Oceania region services effective immediately....
MSC in major Oceania network revision

Hapag-Lloyd sees significant Q1 profit drop

2 mins read
HAPAG-Lloyd has declared its first quarter 2026 results “unsatisfactory” after Group profit fell markedly below Q1 2025 earnings. Nevertheless, or maybe because of Q1, the company...
Hapag-Lloyd sees significant Q1 profit drop

“Solid” Q1 for Höegh Autoliners

2 mins read
OSLO-headquartered Höegh Autoliners has racked up stable underlying performance in Q1 2026, despite Middle East disruption, fuel price escalation and operational challenges. The...
“Solid” Q1 for Höegh Autoliners

Seasonally softer Q1 for Wallenius Wilhelmsen

2 mins read
LOWER results for Wallenius Wilhelmsen’s shipping activities were partially offset by improved conditions in logistics in the first quarter of 2026. Adjusted EBITDA of USD 389...
Seasonally softer Q1 for Wallenius Wilhelmsen

Hapag-Lloyd, K&N strike green fuel deal

2 mins read
GERMAN giants Hapag-Lloyd and Kuehne+Nagel are further strengthening their long-standing partnership by collaborating to reduce ocean transport emissions. As part of this...
Hapag-Lloyd, K&N strike green fuel deal

TT Line gantry rises, along with cost overruns

3 mins read
THE TASMANIAN Government is celebrating the completion of the final component lift for TT Line’s new East Devonport Berth 3 terminal gantry that will serve the new Bass Strait...
TT Line gantry rises, along with cost overruns

China rates climb slows

3 mins read
FREIGHT rates on Australia’s premier trade route from China have slowed their recent rapid rise but are continuing to climb just the same. The SCFI (mean spot rate) for...
China rates climb slows

John Duigan cracks a thousand

3 mins read
HUMBLE landing craft John Duigan has racked up a major achievement this week, accomplishing 1,000 voyages to King Island in the demanding conditions of Bass Strait. The...
John Duigan cracks a thousand

Vroon sells Livestock Express

2 mins read
ONE of the most prominent names in sheep and cattle transport, Livestock Express, has been sold by Dutch owners Vroon to Australian agribusiness Heytesbury. The agreement,...
Vroon sells Livestock Express

PIL 2025: Profit down but margins highest

3 mins read
SINGAPORE’s Pacific International Line saw net profit fall around 22% in FY2025 but nevertheless enjoyed a strong year — and analysts note it still leads the main containership...
PIL 2025: Profit down but margins highest

Maersk Q1: Volumes up, rates down

3 mins read
AP MOLLER-Maersk has boasted a strong first quarter, at least as far as demand went, but lower freight rates saw a notable though industry-consistent drop in profits. Against a...
Maersk Q1: Volumes up, rates down

“K” Line reports mixed 2025

2 mins read
KAWASAKI Kisen Kaisha, better-known as “K” Line, has reported lower revenues and income for its 2025 full year but the pain has not been shared across all business segments. The...
“K” Line reports mixed 2025